Energy security fears boost UK Coal

Growing concerns about Britain’s future energy security are putting coal back on to the centre stage, the boss of Britain’s biggest producer, UK Coal, said today.

The company, reporting a loss of
Lloyd welcomed government plans announced last week to support the development of four new coal-fired power plants, the first to be built in Britain since the 1970s. The plants will use “clean coal” technology – able to collect the carbon emissions and transport them to sea, where they will be buried in former oil or gas fields. “Long term we have an opportunity to sell coal into new plants, but the biggest effect in the short term is one of confidence. We all know the challenges that we face in the years to come and this is a recognition of reality – that coal is here to stay,” Lloyd said.

Guardian